Okay here is what I see when including the extended hours in the hourly.
A wedge is about to break. If it breaks north, the squeeze can start.
Its fueled by:
If it breaks south out of the wedge, well then, maybe it drops to $85 area? It might then catch a ride back up on that old green resistance line I have in place from weeks ago. It was already touched a few times recently on 2/26/21.
Charting to see how close I get in reality.
A wedge is about to break. If it breaks north, the squeeze can start.
Its fueled by:
- Weak bear volume in the last few hours of 3/2/21.
- Stoch RSI in prime position to go up
- Whatever people are saying about that solid DD coming up on 3/19.21
If it breaks south out of the wedge, well then, maybe it drops to $85 area? It might then catch a ride back up on that old green resistance line I have in place from weeks ago. It was already touched a few times recently on 2/26/21.
Charting to see how close I get in reality.
Comment:
Up UP AND AWAY!
Trade active:
TARGET 1 BULLSEYE!